The global value of real-time compensation is projected to reach $34.3 billion over the next five years, according to the July Disbursements Tracker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
People who use Polish payment system BLIK will soon be able to pay for things like Netflix and Uber with it, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Mobile food ordering moved from niche to mainstream in just a few years. According to the new Mobile Order-Ahead Tracker, the volume of food and beverage orders placed via mobile apps grew by 130 percent between 2016 and 2018. Currently, 60 percent of U.S. consumers...
People can say what they will about the wisdom of legal retail sales of marijuana (we here at PYMNTS take no position), but the payments knot that the cash-dominated industry is dealing with is leading to some improvisation, and even government-backed experimentation. The latest example...
Integrated payments and marketing platform RiverPay revealed that its staged merchant acquisition initiative with China UnionPay is growing in the North American retail industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
American Express said its May card delinquency rate was unchanged from April, according to reports. The rate held steady at 1.4 percent. Net write-offs, however, did move slightly in may, from April’s 2.4 percent to 2.5 percent, and the small business card delinquency rate went...
Discover Financial Services said Monday morning (June 17th) that it has ended fees on deposit accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million. According to a report from Nomura Instinet analyst Dan Dolev, the data also shows a slowdown in Venmo’s user acquisition. While year-over-year growth for...
Columbia Care, a medical cannabis company that has licenses in 15 jurisdictions in the European Union and the U.S., is launching the Columbia National Credit program with its new CNC Card, according to a release by the company. Get the Full Story Complete the form...